phantom tollbooths in Davis Sq. ...
Jul. 28th, 2006 10:11 amapropos of nothing and not a serious proposal but I was thinking about sales taxes last night, the discussion of tolls on 93 south and something to do with all the border violence going on in the world these days. Suddenly I had this image of tollbooths/checkpoints on the roads entering Davis Sq. Weird but interesting to speculate on.
The growth in popularity of the sq. has brought higher rents and housing prices, higher prices in stores and bars and general gentrification. The city of Somerville and the property owners benefit but the residents don't. Would be interesting to have a toll that went to offset the costs of gentrification to people who actually live here.
The growth in popularity of the sq. has brought higher rents and housing prices, higher prices in stores and bars and general gentrification. The city of Somerville and the property owners benefit but the residents don't. Would be interesting to have a toll that went to offset the costs of gentrification to people who actually live here.
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Date: 2006-07-28 02:28 pm (UTC)no subject
Date: 2006-07-28 02:30 pm (UTC)Also: most property owners in Davis are also residents (ie, condo/house owners) and they benefit greatly from increased property values.
Finally, increased property values means increased tax revenues and that benefits everyone.
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Date: 2006-07-28 02:31 pm (UTC)Only if we wanted traffic to be more messed up in the Square than it already is!
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Date: 2006-07-28 02:38 pm (UTC)That's sort of an over-simplification, especially for those ALREADY living there.
Once you have a place, and get it to how you like it, moving/not moving isn't simply a financially based decision. That's how come a lot of landlords figure they can get away with rent hikes that end up being a total monthly of $500 over 2-3 years.
should have read:
Date: 2006-07-28 02:40 pm (UTC)no subject
Date: 2006-07-28 03:00 pm (UTC)no subject
Date: 2006-07-28 03:00 pm (UTC)no subject
Date: 2006-07-28 03:01 pm (UTC)The point of this post is to reward the residents with a "toll" (which is retarded to begin with since it would just mean no one would ever go to Davis again) - My point is most of the residents are at "fault" for the costs. (Though I personally don't think gentrification is such a bad thing)
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Date: 2006-07-28 03:02 pm (UTC)What? It's modest...
Date: 2006-07-28 03:02 pm (UTC)no subject
Date: 2006-07-28 03:09 pm (UTC)Gentrification is a one word label that barely covers all of the bases of what happens. It's too simple, and leads to scape goating (on both sides).
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Date: 2006-07-28 03:09 pm (UTC)no subject
Date: 2006-07-28 03:14 pm (UTC)That's what is funny/pathetic about stuff like the Union Sq. arts festival and the arts related stuff that is going on in Medford in the last year or two: the artists who participate in drawing attention to those areas will soon be displaced. At least Boston throws a bone to artists (BRA artist qualified subsidy housing).
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Date: 2006-07-28 03:24 pm (UTC)no subject
Date: 2006-07-28 03:45 pm (UTC)I know there are a lot of money hungry landlords out there, there are a lot of folks that just bought places with those adjustable rates too as well as the flippers and make money fast folks. But on the other hand, there are a lot of great ones that try to keep the rents stable and keep long term tennants. Most serious investors look at this kind of real estate as long term investments. The issue is that these apartments are not the ones turning over. People get find these places and stay in them forever, or sublet them.
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Date: 2006-07-28 03:47 pm (UTC)As a long time home-owner in Davis Sq (we bought about a decade ago), I'd like to dispute this. My property value keeps going up. yup. And so do my taxes. The only way I could benefit from my property value going up would be to either move out or take out increasingly high home-equity loans. The latter just increases my debt load and keeps me from ever owning my house out-right. We've done it a couple time when the repairs the house needed were expensive and time-critical (need a new roof NOW, can't wait until we can save the money for it, borrow off the value of the house to maintain the value of the house). Sure it's nice that we *can* do that, but it doesn't make us rich.
Or we could cash out. Our house has doubled in value since we bought it. Great. We sell it and go.... where? I have been slowly building a personal and professional network in this area. I have dozens of friends who all live within a mile of my home... most of us settled in this neighborhood because it was affordable and convenient. There's no where within an hour's travel we could move to off the equity from our home, and even if we did sell our house here and go buy in Dorchester, everyone I know would be on the other side of town. I could up and move to Iowa I guess, but I have no family there, no friends, no professional contacts, nothing. Homes are not purely financial transactions. You buy a house when you're ready to put down roots, and it's costly in many different definitions of the word, to pull them out.
Theoretically the increased tax-revenue does benefit me. Sure. I pay a little more in each year, and the services in the neighborhood theoretically get a little better. Maybe someday the city will even buy some snow-removal equipment for sidewalks... maybe by the time I'm walking with a walker, I'll be able to get to the market after a snowstorm without tottering in front of the green-line train that will have just been built up through Somerville. We chose to live in this neighborhood because we could afford it. If the benefits that would, indeed, be nice come along at the cost of it becoming a neighborhood I can't afford to live in any more, and I have to pull up roots, how exactly do I benefit?
My grandparents built the house they lived in on a large farm-plot on Martha's Vineyard out of the money they made cleaning houses, selling eggs from their chickens, and taking tourists out on their little boat. By the time that house landed in my father's hands the property value was so high (and thus the taxes) that the only way he could afford to hold onto and maintain it, has become to rent it out year round to people who would not give us the time of day on the street.
Sure. We own a house on the Vineyard, that makes us "rich." Great. The only way that could benefit us financially would be to sell the house my grandfather built with his two hands and that my uncles were born in. I haven't spent a night in it since I was 12 (and that was a *long* time ago).
This is not to say that improving neighborhood is "bad." Gentrification can be a wonderful thing, and often, long-term, benefits a community... it's just short-sighted and overly simplistic to assume that property owners *always* benefit from it within their life times, or even that of their grandchildren.
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Date: 2006-07-28 04:07 pm (UTC)no subject
Date: 2006-07-28 04:10 pm (UTC)no subject
Date: 2006-07-28 04:12 pm (UTC)no subject
Date: 2006-07-28 04:15 pm (UTC)Um, by the way- higher housing costs lead to lower crime, better roads and sidewalks, urban landscaping, police patrols, more health inspectors, and cleaner streets and air. So what were you saying about the city and residents not benefitting?
You want lower rent, move to Detroit and dont cry to me when you get shot.
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Date: 2006-07-28 04:21 pm (UTC)I don't know if this applies to condos as well but I assume it does.
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Date: 2006-07-28 04:24 pm (UTC)Here is a good read too: http://www.knowledgeplex.org/showdoc.html?id=104830
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Date: 2006-07-28 04:47 pm (UTC)no subject
Date: 2006-07-28 05:00 pm (UTC)The folks that started Davis fought hard to stop 50 houses from being torn down and fought to stop park-ride communter parking lots. Now the biggest champions for change – the original residents – cannot afford to stay.
A healthy commercial district is a slow district
Date: 2006-07-28 05:08 pm (UTC)Imagine being able to get from the Somerville Theater to Brooks without spending ten minutes waiting for a walk signal or being honked at for having the audacity to cross the street in a crosswalk, or negotiating the obstacle course that is the many double parked cars and delivery vehicles and swerving buses driven by happried bus drivers. It's good for business, it's good for residents, it's good for visitors, and it's safer and healthier. Once suburbanized people get over the knee jerk reaction of the idea of not being able to take their cars wherever the hell they want, they will find that this is a far more wonderful way to live. And if they still find that they don't appreciate the human pace of a thriving urban area, then they can move back out into the sprawling suburbs and everyone will be happy!
I'm guessing that this is something for a fairly distant future, but it may happen sooner than many expect and may even happen quite naturally due to market forces and the necessary restructuring of the transportion systems that will have to come with a crash in the oil-based economy.